Entries by staff reports

United Community Banks Completes Merger with Huntsville’s Progress Financial

In May 2022, United Community Bank, Inc. (United) announced the acquisition of Progress Financial Corporation (Progress) in an all-stock transaction with an aggregate value of approximately $271.5 million. As of last week, United announced that the merger was completed. In this transaction, Progress’s bank subsidiary, Progress Bank and Trust, was merged into United’s bank subsidiary, […]

Crestwood Announces First Freestanding Emergency Room in North Alabama

HUNTSVILLE, AL – The Alabama State Health Planning & Development Agency awarded Crestwood Medical Center a Certificate of Need to build a freestanding emergency department (FSED) in the Harvest community. The Crestwood Medical Center ER – Harvest will be located at the corner of Highway 53 and Burwell Road and will provide emergency services 24 hours […]

UAH Builds, Installs Low-cost Soil Moisture Sensors to Examine Flash Droughts Impact Agriculture

During summer and early fall the Southeast can experience a few hot weeks without rain, causing what is known as a “flash drought,” which can destroy crops during the growing season. To help farmers become more drought-resilient and better characterize drought impacts when seeking federal assistance, the Earth System Science Center (ESSC) at The University […]

Boeing Delivers Two Ground-Based Interceptors for U.S. Missile Defense Threats

Boeing has delivered two new ground-based interceptors to the U.S. Missile Defense Agency (MDA) in Fort Greely, Alaska, the home to the missile fields that protect the entire United States homeland from long-range ballistic threats. The additional interceptors strengthen the capacity, capability and reliability of the Ground-based Midcourse Defense (GMD) system. “Boeing is making America’s homeland […]

Leidos Awarded $334M Air-Breathing Hypersonic System Contract

HUNTSVILLE, AL – Leidos has been awarded a $334 million contract to assist the U.S. Air Force Research Laboratory (AFRL) in developing an air-breathing hypersonic system. The Expendable Hypersonic Multi-mission ISR (intelligence, surveillance, and reconnaissance) and Strike program, better known as Mayhem, will span a 51-month period of performance. The initial task order is $24 million to […]

Summit 7 Opens Celebrates New HQ

Summit 7 welcomed the Huntsville/Madison County Chamber of Commerce, employees, clients and guests to the grand opening and ribbon cutting of their new Corporate Headquarters in Huntsville, Alabama on Thursday, December 15th. The corporate office for Summit 7 is located at 2 Parade Street, Huntsville, AL.   “Summit 7 is proud to call Huntsville, Alabama home […]

MidCity Announces New $108M Multifamily Development

HUNTSVILLE, Ala. – RCP Companies announced a new net zero energy residential development, Wellory Living, to MidCity District. The $108 million multifamily development will be located on the corner of Old Monrovia and Stax Street, bringing future forward, sustainable living and dining options to the area – all with a net zero energy status and reduced […]

Discovery Life Sciences Launches Proteomic Services Division

HUNTSVILLE, AL – Discovery Life Sciences™ (Discovery) announced the launch of its new Proteomic Services Division and is now accepting samples from pharmaceutical and biotech companies, government, and non-profit and academic research centers. This innovative offering includes both exploratory and targeted proteomics using the Seer Proteograph™ Product Suite, SCIEX LC-MS/MS systems, Olink® Proximity Extension Assay (PEA), and Luminex xMAP® platforms. Discovery’s […]

Local Small Business Wins $67M Kennedy Space Center Contract

HUNTSVILLE, AL – APT Research, Inc. (APT) has been selected to continue as the provider of safety and mission assurance support services at NASA Kennedy Space Center (KSC) in Florida. The Safety and Mission Assurance Support Services IV contract, with an estimated five-year value of $67 million, supports NASA programs including Exploration Ground Systems, Launch […]